Net income rose to €973 million, up from €859
million the previous year.

Japan sales grew by 18% — this is massive compared to Asia
sales growth of just 5%.

It's an impressive set of results. Especially since luxury goods
have become less accessible to the growing Chinese middle class
and less acceptable for members of China's elite after the
corruption crackdown.

Revenue in the fourth quarter jumped 16%, mainly because of the
resurgence in popularity for its Gucci brand. Gucci sales
rose 13% in the fourth quarter.

Kering also owns brands such as Bottega Veneta and Yves Saint
Laurent, but Gucci was its star performer.

It added that shoppers in Western Europe and Japan were buying
more. In fact, overall luxury goods revenue in Western Europe
rose by 13%, and Japan posted a "third year of strong growth"
with a 13.7% rise in sales.

Overall, Kering said sales in 2015 rose by 15.4% to €11.5 billion
(£8.9 billion, $12.8 billion) from the previous year.